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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Defrocked who wrote (51633)7/16/1999 12:28:00 PM
From: John Pitera  Read Replies (1) of 86076
 
I see that the US does not want to get into the yen intervention game

Nikkei reported overnight that BoJ/MoF request for US aid in intervention was flatly rejected by US authorities.

Also the weakness of the Chinese GDP figures are ratcheting up the talk of a yuan devaluation.

The govies are looking like we can go to 5.75 on the long end
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